An Act establishing an elected and appointed board for the Hampden County Regional Retirement System

HD 732 establishes a new governance structure for the Hampden County Regional Retirement System by replacing its current leadership with a 7-member board. The board consists of six elected members (three chosen by all system members, one by community agency representatives, one by fire/water district reps, and one by other agencies) and one member appointed by system treasurers for a 3-year term. All board members serve staggered terms (1-3 years initially), with a maximum of three consecutive terms, and the board oversees system operations, budget, and hiring. The bill takes effect immediately upon passage, requiring new bylaws to be ratified by administrators within 270 days.